Crypto News

In the last seven days, the total crypto market capitalization climbed 10%, from $3.4 trillion to $3.74 trillion. Bitcoin closed at just over $117,200, gaining 8.5%—but its dominance dropped from 63.71% to 57.85%, signaling a shift to altcoins. Crypto Market Ends Week on a High Note After a slow start, the crypto economy ended theSource link

On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. If approved, the move would mark the expansion of PYUSD beyond its current availability on Ethereum and Solana.PayPal described Stellar as a blockchain tailored for low-cost, high-speed payments with strong real-world utility. By adding support for Stellar, the company aims to improve the accessibility and usability of PYUSD for payments, cross-border transfers, and financial services. The integration is expected to enhance daily payment options and provide users with expanded access to financing tools such as working capital and small business loans—areas where Stellar is already active.The press release...

Experts say launching tokens for crypto games applies unnecessary pressure on development—and makes failures even more public.Source link

There is no credible evidence that the U.S. National Security Agency (NSA) created Bitcoin, and comparisons between Bitcoin’s white paper and a 1996 NSA paper on electronic cash are extremely misleading at best. No Smoking Gun: The NSA’s 1996 Paper Is Not Bitcoin, and It’s Not Even Close Conspiracy theories flourish in the absence ofSource link

As bitcoin pushes into uncharted price territory, speculators are letting their imaginations run wild—just how high can the top crypto climb? Over on prediction market Polymarket, bettors are giving it a 20% shot that BTC hits $130,000 before July wraps up. Prediction Market Bets Explode: $120K Leads, $200K Still in the Cards On July 11,Source link